Microeconomic Policy Instruments Used By Governments To Increase Regional Competitiveness

Abstract

By using microeconomic policy instruments, a country attempts to increase their international economic competitiveness, among other things. This means supporting the competitiveness of domestic products on international markets (price and quality). However, this does not always work. The goal of this paper is to investigate how certain specific government measures influence regional competitiveness. For each instrument, the author is posing the research question, “Does this microeconomic policy instrument used by governments increase regional competitiveness?” Using research in international and Czech literature as a basis, the conclusions are made.